- Price-fixing and fraudulent insurance claims by agents in the non-life insurance industry
- Shrinking domestic non-life insurance market due to declining population and birth rate
- Increasing severity and frequency of natural disasters globally due to climate change
- Cyberattacks and other emerging risks in the digital age
MS&AD Insurance Group Holdings, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, MS&AD Insurance Group Holdings, Inc. disclosed greenhouse gas emissions of 57.2K tCO2e/year (Scope 1+2). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
57.2K tCO2e/year (Scope 1+2)
2023
Renewable Energy
23%
of total energy
Water Usage
690 thousand ὗ/year
2023
Waste
7.6K tons/year
2023
Energy Use
727.3K GJ/year
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 57.2K tCO2e/year (Scope 1+2) |
| 2016 | 120.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Greenhouse gas emission reduction rate (Scope 1 + 2) -35.3% (versus FY2019)
- Renewable energy implementation rate 23.0%
- Greenhouse gas emission reduction rate (Scope 3) -50% by 2030, Net zero by 2050
- Renewable energy consumption rate 60% by 2030, 100% by 2050
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025
- Increase number of policies in force for asset-building products to 100,000 by 2025
- Increase number of policies in force for products that help solve health-related social issues to 2.6 million by 2025
- Support 1,000 companies with human rights–related measures by 2025
- Achieve annual average 18% premium growth rate for products that contribute to the decarbonization of society and a circular economy by 2025
📅 Medium-term
- Reduce GHG emissions across approximately 3,300 major domestic business partners by 37% compared with FY2019 by FY2030
- Achieve 60% renewable energy consumption rate by 2030
- Increase percentage of female managers to 30% by 2030
- Increase percentage of female line managers to 15% by 2030
🔭 Long-term
- Net zero emissions by 2050
- 100% renewable energy consumption rate by 2050
🌱 ESG Focus Areas
Symbiosis with the global environment (Planetary Health)Safe and secure society (Resilience)Happiness of diverse people (Well-being)